UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-21287
NAME OF REGISTRANT: John Hancock Preferred Income
Fund III
ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 601 Congress Street
Boston, MA 02210
NAME AND ADDRESS OF AGENT FOR SERVICE: Charles Rizzo
601 Congress Street
Boston, MA 02210
REGISTRANT'S TELEPHONE NUMBER: 617-663-3000
DATE OF FISCAL YEAR END: 05/31
DATE OF REPORTING PERIOD: 07/01/2009 - 06/30/2010
2X30 John Hancock Funds Preferred Income Fund III
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VERIZON COMMUNICATIONS INC. Agenda Number: 933212451
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Security: 92343V104
Meeting Type: Annual
Meeting Date: 06-May-2010
Ticker: VZ
ISIN: US92343V1044
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
1A ELECTION OF DIRECTOR: RICHARD L. CARRION Mgmt For For
1B ELECTION OF DIRECTOR: M. FRANCES KEETH Mgmt For For
1C ELECTION OF DIRECTOR: ROBERT W. LANE Mgmt For For
1D ELECTION OF DIRECTOR: SANDRA O. MOOSE Mgmt For For
1E ELECTION OF DIRECTOR: JOSEPH NEUBAUER Mgmt For For
1F ELECTION OF DIRECTOR: DONALD T. NICOLAISEN Mgmt For For
1G ELECTION OF DIRECTOR: THOMAS H. O'BRIEN Mgmt For For
1H ELECTION OF DIRECTOR: CLARENCE OTIS, JR. Mgmt For For
1I ELECTION OF DIRECTOR: HUGH B. PRICE Mgmt For For
1J ELECTION OF DIRECTOR: IVAN G. SEIDENBERG Mgmt For For
1K ELECTION OF DIRECTOR: RODNEY E. SLATER Mgmt For For
1L ELECTION OF DIRECTOR: JOHN W. SNOW Mgmt For For
1M ELECTION OF DIRECTOR: JOHN R. STAFFORD Mgmt For For
02 RATIFICATION OF APPOINTMENT OF ERNST & YOUNG Mgmt For For
LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM
03 ADVISORY VOTE RELATED TO EXECUTIVE COMPENSATION Mgmt For For
04 PROHIBIT GRANTING STOCK OPTIONS Shr Against For
05 GENDER IDENTITY NON-DISCRIMINATION POLICY Shr For Against
06 PERFORMANCE STOCK UNIT PERFORMANCE THRESHOLDS Shr For Against
07 SHAREHOLDER RIGHT TO CALL A SPECIAL MEETING Shr For Against
08 ADOPT AND DISCLOSE SUCCESSION PLANNING POLICY Shr For Against
09 SHAREHOLDER APPROVAL OF BENEFITS PAID AFTER Shr For Against
DEATH
10 EXECUTIVE STOCK RETENTION REQUIREMENTS Shr For Against
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WACHOVIA PREFERRED FUNDING CORP. Agenda Number: 933238443
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Security: 92977V206
Meeting Type: Annual
Meeting Date: 10-May-2010
Ticker: WNAPR
ISIN: US92977V2060
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Prop.# Proposal Proposal Proposal Vote For/Against
Type Management
01 DIRECTOR
JAMES E. ALWARD Mgmt For For
HOWARD T. HOOVER Mgmt For For
CHARLES F. JONES Mgmt For For
MARK C. OMAN Mgmt For For
* Management position unknown
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant) John Hancock Preferred Income Fund III
By (Signature) /s/ Keith F. Hartstein
Name Keith F. Hartstein
Title President
Date 08/30/2010